Institutional Services
Instructions
We give institutional clients the flexibility to execute and/or clear trades on our platform or with numerous third-party brokers via the following services:
- IBClear - Clients requiring the lowest transaction costs, real-time risk management and efficient trade processing can both execute, clear, and hold custody of their trades here. This service is available to Canadian clients.
- IBPrime - Clients execute and clear with Interactive Brokers here, and also take in trades executed with other third-party brokers. Requirements and supported products can be found here: https://www.interactivebrokers.com/en/index.php?f=14718#universal-prime-broker
- IBExecution - Trades are executed at Interactive Brokers here using our superior price execution technology, and then given up to a third-party broker. This service is not available to Canadian clients. IBExecution requires that you have at least 150,000 USD in equity and have an existing account at another clearing firm.
These services can be mixed and matched, and added at any time to fit with our institutional clients’ changing needs. All services utilize our real-time margin system which prevents unauthorized trading by continuously enforcing limits for each account, and automatically liquidating positions if any individual account violates its limits at any time.
To upgrade or change your institutional service
-
Click the User menu (head and shoulders icon in the top right corner) > Settings > Account Configuration > Institutional Services.
The first Investor Category screen opens.
- Select the check box next to the Institutional Service to which you want to subscribe.
- Depending on the services that you have requested, you are prompted to sign a risk disclosure, as required by law. Read the online Disclosure Form(s) and type your name in the Signature field. Click Continue.
- Click Ok to return to the Account Settings screen.
Additional Resources
Learn About the Broker Portal Interface at IBKR Campus